XML 45 R31.htm IDEA: XBRL DOCUMENT v3.3.1.900
Schedule III - Real Estate and Accumulated Depreciation and Amortization
12 Months Ended
Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Real Estate and Accumulated Depreciation Disclosure
Description
Location
 
Encumbrances

Land and Land Estates
Buildings and Improvements
Total
Accumulated Depreciation and Amortization
Date Acquired
Date Constructed
Useful life computing depreciation in latest income statement (years)
Office
Little Rock, AR
 
$

$
1,353

$
2,260

$
3,613

$
545

Dec-06
1980
40
Office
Pine Bluff, AR
 

271

603

874

228

Sep-12
1964/1972/ 1988
3, 4 & 13
Office
Glendale, AZ
 

9,418

8,394

17,812

2,202

Sep-12
1986/1997/ 2000
7, 10, 20 & 24
Office
Phoenix, AZ
 

5,585

36,923

42,508

3,278

Dec-12
1986/2007
10, 15, 17, & 40
Office
Phoenix, AZ
 

4,666

24,856

29,522

9,515

May-00
1997
6, 9 & 40
Office
Tempe, AZ
 


13,086

13,086

1,505

Sep-12
1998
5, 7, 10, 11, 15 & 36
Office
Tempe, AZ
 
7,185


9,442

9,442

2,884

Dec-05
1998
30 & 40
Office
Tucson, AZ
 

681

4,037

4,718

580

Sep-12
1988
7, 10 & 30
Office
Lake Forest, CA
 

3,442

13,769

17,211

4,747

Mar-02
2001
40
Office
Los Angeles, CA
 

5,110

12,158

17,268

7,250

Dec-04
2000
10, 13 & 40
Office
Palo Alto, CA
 
48,512

12,398

16,977

29,375

19,420

Dec-06
1973/1982
40
Office
Centenial, CO
 

4,851

15,239

20,090

5,889

May-07
2001
10 & 40
Office
Englewood, CO
 

2,207

27,851

30,058

2,857

Apr-13
2013
15, 19 & 40
Office
Lakewood, CO
 

1,569

10,286

11,855

6,102

Apr-05
2002
2, 3, 12, 15 & 40
Office
Louisville, CO
 

3,657

11,217

14,874

3,069

Sep-08
1987/2007
8, 9, 12 & 40
Office
Parachute, CO
 

1,400

10,751

12,151

581

Jan-14
2012
19, 24 & 40
Office
Wallingford, CT
 

1,049

4,773

5,822

1,652

Dec-03
1977/1993
8 & 40
Office
Boca Raton, FL
 
19,624

4,290

17,160

21,450

5,524

Feb-03
1983/2002
40
Office
Lake Mary, FL
 

4,438

15,271

19,709

5,302

Jun-07
1999
3, 4, 7, 10, 15 & 40
Office
Lake Mary, FL
 

4,535

14,939

19,474

5,298

Jun-07
1996
3, 4, 7, 10, 18 & 40
Office
Orlando, FL
 
9,471

3,538

9,844

13,382

5,361

Jan-07
2003
5, 6, 12, 15 & 40
Office
Palm Beach Gardens, FL
 

787

3,732

4,519

1,502

May-98
1996
5 - 40
Office
Tampa, FL
 

146

559

705

36

Dec-13
1999
20 & 35
Office
Tampa, FL
 

895

5,496

6,391

322

Dec-13
1999
20 & 38
Office
Tampa, FL
 

2,018

7,993

10,011

1,327

Sep-12
1986
8, 25 & 27
Office
Tampa, FL
 

398

1,571

1,969

100

Dec-13
2014
14, 20 & 40
Office
McDonough, GA
 

1,443

11,433

12,876

1,443

Sep-12
1999
3, 10, 11 & 38
Office
McDonough, GA
 

693

6,405

7,098

858

Sep-12
2007
6, 11 & 40
Office
Meridian, ID
 
9,322

2,255

7,797

10,052

1,339

Sep-12
2004
 7 & 37
Office
Lisle, IL
 
9,449

3,236

13,854

17,090

4,124

Dec-06
1984
2, 3, 5, 20 & 40
Office
Schaumburg, IL
 

5,007

22,340

27,347

3,247

Oct-13
1979/1989/ 2010
7, 9, 20 & 30
Office
Columbus, IN
 
20,986

235

45,729

45,964

17,497

Dec-06
1980/2006
40
Office
Fishers, IN
 

2,808

19,373

22,181

5,831

Jun-07
1999
3 - 40
Office
Indianapolis, IN
 

1,700

18,491

20,191

12,977

Apr-05
1999
5, 6 - 40
Office
Lenexa, KS
 
9,463

2,828

6,075

8,903

961

Sep-12
2004
7, 12 & 37
Office
Lenexa, KS
 
36,666

6,909

41,684

48,593

11,083

Jul-08
2007
5, 12, 13,14, 15 & 40
Office
Overland Park, KS
 
34,134

4,769

41,956

46,725

12,979

Jun-07
1980/2005
12 & 40
Office
Baton Rouge, LA
 

1,252

11,085

12,337

3,889

May-07
1997
3, 4, 6 & 40
Office
Boston, MA
 
12,302

3,814

16,040

19,854

3,653

Mar-07
1910
10 & 40
Office
Oakland, ME
 
8,850

551

8,774

9,325

1,201

Sep-12
2005
8, 12 & 40
Office
Auburn Hills, MI
 

4,416

30,012

34,428

1,211

Mar-15
2014
6, 14 & 25
Office
Livonia, MI
 

935

13,714

14,649

2,256

Sep-12
1987/1988/ 1990
2 - 34
Office
Kansas City, MO
 
16,271

2,433

20,154

22,587

6,215

Jun-07
1963/2003
12 & 40
Office
St Joseph, MO
 

607

14,004

14,611

1,472

Sep-12
2012
15 & 40
Office
Pascagoula, MS
 

618

3,677

4,295

587

Sep-12
1995
1, 9 & 31
Office
Omaha, NE
 
7,608

2,566

8,324

10,890

2,564

Nov-05
1995
30 & 40
Office
Omaha, NE
 

2,058

32,343

34,401

1,928

Dec-13
2013
20 & 40
Office
Rockaway, NJ
 

4,646

23,143

27,789

5,695

Dec-06
2002/2004/ 2015
12, 20 & 40
Office
Wall, NJ
 
17,536

8,985

26,961

35,946

12,569

Jan-04
1983
22 & 40
Description
Location
 
Encumbrances
Land and Land Estates
Buildings and Improvements
Total
Accumulated Depreciation and Amortization
Date Acquired
Date Constructed
Useful life computing depreciation in latest income statement (years)
Office
Whippany, NJ
 
13,700

4,063

19,711

23,774

7,397

Nov-06
2006/2008
20 & 40
Office
Las Vegas, NV
 

12,099

53,164

65,263

12,229

Dec-06
1983/1994
40
Office
Columbus, OH
 

1,594

10,481

12,075

1,310

Dec-10
2005
40
Office
Columbus, OH
 

432

2,773

3,205

312

Jul-11
1999/2006
40
Office
Milford, OH
 

3,124

16,140

19,264

5,755

Jun-07
1991
5 - 40
Office
Westerville, OH
 

2,085

9,411

11,496

2,853

May-07
2000
5 & 40
Office
Eugene, OR
 

1,541

13,098

14,639

1,374

Dec-12
2012
7, 12, 15, 25 & 40
Office
Redmond, OR
 

2,064

8,316

10,380

1,196

Sep-12
2004
6, 13 & 40
Office
Harrisburg, PA
 

900

11,310

12,210

7,924

Apr-05
1998
2, 5, 9,10, 15, 20 & 40
Office
Jessup, PA
 

2,520

17,678

20,198

2,391

Aug-12
2012
13, 15 & 40
Office
Philadelphia, PA
 

13,209

56,520

69,729

32,966

Jun-05
1957/1997
4 - 40
Office
Charleston, SC
 
7,185

1,189

8,724

9,913

3,467

Nov-06
2006
40
Office
Florence, SC
 

774

3,629

4,403

412

Feb-12
2012
12 & 40
Office
Fort Mill, SC
 

3,601

15,340

18,941

4,953

Dec-02
2002
5, 11, 20 & 40
Office
Fort Mill, SC
 

1,798

26,038

27,836

15,322

Nov-04
2004
11, 15 & 40
Office
Rock Hill, SC
 

551

4,313

4,864

503

May-11
2006
40
Office
Rock Hill, SC
 

1,601

21,000

22,601

1,053

Mar-14
2013/2015
18, 20 & 40
Office
Kingsport, TN
 

513

403

916

155

Sep-12
1981
5, 6 & 14
Office
Knoxville, TN
 

1,079

11,351

12,430

6,248

Mar-05
1997
9, 10, 11, 14 & 40
Office
Knoxville, TN
 

621

6,282

6,903

925

Sep-12
2002
1, 5, 7 & 40
Office
Memphis, TN
 
3,555

467

4,467

4,934

1,681

Nov-06
1871/1999
20 & 40
Office
Memphis, TN
 

5,291

97,032

102,323

22,742

Dec-06
1985/2007
13 & 40
Office
Allen, TX
 

5,591

25,421

31,012

7,195

May-11
1981/1983
6, 7, 11 & 25
Office
Arlington, TX
 

1,274

15,309

16,583

1,961

Sep-12
2003
1, 10, 12 & 40
Office
Carrollton, TX
 

1,789

18,157

19,946

8,645

Jun-04
2003
19 & 40
Office
Carrollton, TX
 

2,599

22,050

24,649

7,893

Jun-07
2003
8 & 40
Office
Carrollton, TX
 

828


828


Jun-07
N/A
N/A
Office
Farmers Branch, TX
 
18,380

3,984

27,308

31,292

10,137

Jun-07
2000
40
Office
Garland, TX
 

1,161

833

1,994


Sep-12
1980
1
Office
Houston, TX
 

1,875

10,675

12,550

6,745

Apr-05
2000
 5, 10, 13 & 40
Office
Houston, TX
 

1,875

10,959

12,834

6,824

Apr-05
2000
4, 13, 20 & 40
Office
Houston, TX
 

16,613

63,770

80,383

15,753

Mar-04
1976/1984
10 & 40
Office
Houston, TX
 

800

26,962

27,762

18,618

Apr-05
2000
1, 10, 11 & 40
Office
Houston, TX
 

481

2,352

2,833

187

Dec-13
2002
11, 20 & 31
Office
Irving, TX
 

4,889

29,738

34,627

10,532

Jun-07
1999
10, 12 & 40
Office
Irving, TX
 

7,476

45,985

53,461

17,532

May-07
2003
6 - 40
Office
Mission, TX
 

2,556

2,911

5,467

635

Sep-12
2003
3, 8 & 35
Office
San Antonio, TX
 

2,800

15,619

18,419

11,534

Apr-05
2000
6, 10, 11 & 40
Office
Temple, TX
 
7,463

227

8,181

8,408

1,462

Sep-12
2001
3, 10, 12 & 40
Office
Westlake, TX
 

2,361

23,572

25,933

9,510

May-07
2001
4 - 40
Office
Hampton, VA
 

2,333

11,354

13,687

4,463

Mar-00
1999
2, 5, 10, 15 & 40
Office
Herndon, VA
 

5,127

24,640

29,767

9,215

Dec-99
1987
9 - 40
Office
Herndon, VA
 

9,409

14,477

23,886

5,056

Jun-07
1985/1999
10, 25 & 40
Office
Midlothian, VA
 

1,100

12,685

13,785

7,073

Apr-05
2000
6, 7, 15 & 40
Office
Richmond, VA
 

7,331

88,021

95,352

345

Dec-15
2015
10, 13 & 25
Office
Bremerton, WA
 
5,534

1,655

5,445

7,100

917

Sep-12
2002
4, 13 & 40
Office
Huntington, WV
 
6,500

1,368

9,527

10,895

1,270

Jan-12
2011
14 & 40
Industrial
Anniston, AL
 

1,201

16,771

17,972

790

Dec-14
2,014
8, 15 & 24
Industrial
Moody, AL
 

654

9,943

10,597

6,205

Feb-04
2004
15 & 40
Industrial
Orlando, FL
 

1,030

10,869

11,899

2,758

Dec-06
1980
40
Industrial
Tampa, FL
 

2,160

8,431

10,591

5,905

Jul-88
1986
9 - 40
Industrial
Lavonia, GA
 
7,676

171

7,657

7,828

722

Sep-12
2005
  8, 12 & 40
Industrial
McDonough, GA
 
22,224

2,463

24,291

26,754

5,859

Dec-06
2000/2007
40
Industrial
Thomson, GA
 

909

7,746

8,655

249

May-15
2015
8, 15 & 25
Description
Location
 
Encumbrances
Land and Land Estates
Buildings and Improvements
Total
Accumulated Depreciation and Amortization
Date Acquired
Date Constructed
Useful life computing depreciation in latest income statement (years)
Industrial
Des Moines, IA
 

1,528

14,247

15,775

1,953

Sep-12
2000
5, 11 & 34
Industrial
Dubuque, IA
 
9,055

2,052

8,443

10,495

2,755

Jul-03
2001
11, 12 & 40
Industrial
Rantoul, IL
 

1,304

32,562

33,866

1,789

Jan-14
2013
20, 21 & 40
Industrial
Rockford, IL
 

371

2,573

2,944

666

Dec-06
1998
40
Industrial
Rockford, IL
 

509

5,289

5,798

1,305

Dec-06
1992
40
Industrial
Plymouth, IN
 
5,807

254

8,110

8,364

971

Sep-12
2000/2003
3, 6, 12, 15 & 34
Industrial
Dry Ridge, KY
 

560

12,553

13,113

4,580

Jun-05
1988/1992
22 & 40
Industrial
Elizabethtown, KY
 

352

4,862

5,214

1,774

Jun-05
2001
25 & 40
Industrial
Elizabethtown, KY
 

890

26,868

27,758

9,804

Jun-05
1995/2001
25 & 40
Industrial
Hopkinsville, KY
 

631

16,154

16,785

6,234

Jun-05
Various
25 & 40
Industrial
Owensboro, KY
 

393

11,956

12,349

4,984

Jun-05
1998/2000
25 & 40
Industrial
Owensboro, KY
 

819

2,439

3,258

860

Dec-06
1975/1995
40
Industrial
Shreveport, LA
 
19,000

860

21,840

22,700

4,800

Mar-07
2006
40
Industrial
Shreveport, LA
 

1,078

10,134

11,212

1,305

Jun-12
2012
8,10 & 40
Industrial
North Berwick, ME
 
4,810

1,383

35,659

37,042

7,713

Dec-06
1965/1980/ 2015
10, 25 & 40
Industrial
Kalamazoo, MI
 

1,942

14,169

16,111

1,898

Sep-12
1999/2004
8, 9 & 40
Industrial
Marshall, MI
 

40

2,236

2,276

854

Aug-87
1979
9, 10, 12, 15, 20 & 40
Industrial
Marshall, MI
 

143

4,302

4,445

1,575

Sep-12
1968/1972/ 2008
4, 6 & 10
Industrial
Plymouth, MI
 

2,296

13,608

15,904

5,124

Jun-07
1996/1998
30 & 40
Industrial
Temperance, MI
 

3,040

14,924

17,964

4,139

Jun-07
1978/1993
2, 5, & 40
Industrial
Minneapolis, MN
 

1,886

1,922

3,808

204

Sep-12
2003
3, 29 & 40
Industrial
Byhalia, MS
 
15,000

1,006

35,825

36,831

2,912

May-11
2011/2015
25 & 40
Industrial
Canton, MS
 

5,077

71,289

76,366

2,590

Mar-15
2015
8, 12, 25 & 51
Industrial
Olive Branch, MS
 

198

10,276

10,474

6,771

Dec-04
1989
8, 15 & 40
Industrial
Franklin, NC
 

296

1,320

1,616

211

Sep-12
1996
2, 8 & 29
Industrial
Henderson, NC
 

1,488

5,953

7,441

2,102

Nov-01
1998/2006
40
Industrial
High Point, NC
 

1,330

11,183

12,513

5,688

Jul-04
2002
18 & 40
Industrial
Lumberton, NC
 

405

12,049

12,454

3,488

Dec-06
1998/2006
40
Industrial
Shelby, NC
 

1,421

18,862

20,283

3,180

Jun-11
2011
11, 20 & 40
Industrial
Statesville, NC
 

891

16,771

17,662

4,561

Dec-06
1999/2002
3, 15 & 40
Industrial
Durham, NH
 

3,464

18,094

21,558

5,320

Jun-07
1986/2003
40
Industrial
Erwin, NY
 
7,887

1,648

12,355

14,003

1,371

Sep-12
2006
4, 8, 10 & 34
Industrial
Long Island City, NY
 
49,144


42,624

42,624

8,042

Mar-13
2013
15
Industrial
North Las Vegas, NV
 

3,244

21,732

24,976

1,053

Jul-13
2014
19, 20 & 40
Industrial
Chillicothe, OH
 

735

9,021

9,756

1,886

Oct-11
1995/1998
6, 15 & 26
Industrial
Cincinnati, OH
 

1,049

8,784

9,833

2,174

Dec-06
1991
10, 14 & 40
Industrial
Columbus, OH
 

1,990

10,580

12,570

3,131

Dec-06
1973
40
Industrial
Glenwillow, OH
 
15,326

2,228

24,530

26,758

5,979

Dec-06
1996
40
Industrial
Hebron, OH
 

1,063

4,581

5,644

1,516

Dec-97
1999
10, 15 & 40
Industrial
Hebron, OH
 

1,681

7,854

9,535

2,857

Dec-01
2000
1, 2, 3, 5, 10,15 & 40
Industrial
Streetsboro, OH
 
17,626

2,441

25,092

27,533

7,238

Jun-07
2004
12, 20, 25 & 40
Industrial
Bristol, PA
 

2,508

15,863

18,371

6,020

Mar-98
1982/1997
10, 16, 30 & 40
Industrial
Chester, SC
 
8,738

1,629

8,470

10,099

1,031

Sep-12
2001/2005
9, 13 & 34
Industrial
Duncan, SC
 

884

8,626

9,510

1,945

Jun-07
2005/2008
40
Industrial
Laurens, SC
 

5,552

21,559

27,111

5,980

Jun-07
1991/1993
2, 4, 5, 20 & 40
Industrial
Collierville, TN
 

714

4,783

5,497

1,951

Dec-05
2005/2012
9, 14, 21 & 40
Industrial
Crossville, TN
 

545

6,999

7,544

3,512

Jan-06
1989/2006
17 & 40
Industrial
Franklin, TN
 


5,673

5,673

1,659

Sep-12
1970/1983
1, 4 & 12
Industrial
Lewisburg, TN
 

173

10,865

11,038

565

May-14
2014
12, 18 & 34
Industrial
Memphis, TN
 

1,054

11,538

12,592

11,414

Feb-88
1987
8 &15
Industrial
Memphis, TN
 

1,553

12,326

13,879

3,412

Dec-06
1973
40
Industrial
Millington, TN
 

723

19,383

20,106

10,163

Apr-05
1997
9, 10, 16 & 40
Industrial
Brookshire, TX
 

2,388

16,614

19,002

583

Mar-15
1999/2001
5, 20 & 25
Description
Location
 
Encumbrances
Land and Land Estates
Buildings and Improvements
Total
Accumulated Depreciation and Amortization
Date Acquired
Date Constructed
Useful life computing depreciation in latest income statement (years)
Industrial
Houston, TX
 

4,674

19,540

24,214

1,603

Mar-15
1962
5, 10 & 20
Industrial
Waxahachie, TX
 

652

13,045

13,697

9,926

Dec-03
1996/2001
10, 16 & 40
Industrial
Winchester, VA
 

3,823

12,276

16,099

3,396

Jun-07
2001
4 & 40
Industrial
Bingen, WA
 


18,075

18,075

1,475

May-14
2014
10, 13 & 40
Industrial
Richland, WA
 
110,000

1,293

126,947

128,240

876

Nov-15
2015
10, 20 & 25
Industrial
Oak Creek, WI
 

3,015

15,300

18,315

287

Jul-15
2015
10,20, & 25
Land/Infrastructure
Venice, FL
 

4,696

11,753

16,449

2,123

Jan-15
1995
5 & 12
Land/Infrastructure
Clive, IA
 

371


371


Jun-04
N/A
N/A
Land/Infrastructure
Baltimore, MD
 

4,605


4,605


Dec-06
N/A
N/A
Land/Infrastructure
Baltimore, MD
 

5,000


5,000


Dec-15
N/A
N/A
Land/Infrastructure
New York, NY
(1)

65,218


65,218


Oct-13
N/A
N/A
Land/Infrastructure
New York, NY
(1)
213,301

73,148


73,148


Oct-13
N/A
N/A
Land/Infrastructure
New York, NY
(1)

86,569


86,569


Oct-13
N/A
N/A
Land/Infrastructure
New York, NY
 
29,193

22,000


22,000


Oct-14
N/A
N/A
Land/Infrastructure
Houston, TX
 

15,055

57,949

73,004

4,960

Mar-13
Various
11, 12, 16 & 35
Land/Infrastructure
Missouri City, TX
 

14,555

5,895

20,450

3,088

Apr-12
N/A
7
Land/Infrastructure
Danville, VA
 

3,454


3,454


Oct-13
N/A
N/A
Multi-tenanted
Phoenix, AZ
 

1,831

15,211

17,042

3,502

Nov-01
1981/2009
5 - 40
Multi-tenanted
Palm Beach Gardens, FL
 

4,066

21,638

25,704

7,527

May-98
1996
5 - 40
Multi-tenanted
Honolulu, HI
 

8,259

7,363

15,622

1,759

Dec-06
1979/2002
2, 5 & 40
Multi-tenanted
Westmont, IL
 

7,812

1,178

8,990

24

Jul-15
1988
25
Multi-tenanted
Foxboro, MA
 

2,231

25,662

27,893

14,355

Dec-04
1982/1987
1, 16 & 40
Multi-tenanted
Southfield, MI
 


15,434

15,434

7,840

Jul-04
1966/1982
7, 16, 25 & 40
Multi-tenanted
Bridgeton, MO
 

603

1,271

1,874

51

Dec-06
1981
3 & 32
Multi-tenanted
Bridgewater, NJ
(2)
14,118

1,415

6,802

8,217

438

Dec-06
1985/2004
8, 15 & 40
Multi-tenanted
Canonsburg, PA
 

1,705

10,910

12,615

4,189

May-07
1996
8 & 40
Multi-tenanted
Florence, SC
 

3,235

13,141

16,376

4,540

May-04
1998
10, 15, 20 & 40
Multi-tenanted
Antioch, TN
 

3,847

12,569

16,416

1,840

May-07
1999
5 - 40
Multi-tenanted
Arlington, TX
 

589

6,382

6,971

830

Sep-12
2003
1, 12 & 40
Retail/Specialty
Manteca, CA
 
834

2,082

6,464

8,546

1,680

May-07
1993
23 & 40
Retail/Specialty
San Diego, CA
 
532


13,310

13,310

2,961

May-07
1993
23 & 40
Retail/Specialty
Albany, GA
 

1,468

5,137

6,605

344

Oct-13
2013
15 & 40
Retail/Specialty
Atlanta, GA
 

1,014

269

1,283

297

Dec-06
1972
40
Retail/Specialty
Atlanta, GA
 

870

187

1,057

242

Dec-06
1975
40
Retail/Specialty
Chamblee, GA
 

770

186

956

237

Dec-06
1972
40
Retail/Specialty
Cumming, GA
 

1,558

1,368

2,926

666

Dec-06
1968/1982
40
Retail/Specialty
Forest Park, GA
 

668

1,242

1,910

446

Dec-06
1969
40
Retail/Specialty
Jonesboro, GA
 

778

146

924

213

Dec-06
1971
40
Retail/Specialty
Stone Mountain, GA
 

672

276

948

219

Dec-06
1973
40
Retail/Specialty
Galesburg, IL
 
468

560

2,366

2,926

714

May-07
1992
12 & 40
Retail/Specialty
Lawrence, IN
 

404

1,737

2,141

399

Dec-06
1983
40
Retail/Specialty
Jefferson, NC
 

71

884

955

230

Dec-06
1981
40
Retail/Specialty
Lexington, NC
 

832

1,429

2,261

322

Dec-06
1981
40
Retail/Specialty
Thomasville, NC
 

208

561

769

73

Dec-06
1993
40
Retail/Specialty
Vineland, NJ
 

2,698

12,790

15,488

505

Oct-14
2003
3, 28 & 40
Retail/Specialty
Portchester, NY
 

3,841

5,246

9,087

869

Dec-06
1982
40
Retail/Specialty
Watertown, NY
 
785

386

5,162

5,548

1,414

May-07
1993
23 & 40
Retail/Specialty
Canton, OH
 

884

3,534

4,418

1,248

Nov-01
1995
40
Retail/Specialty
Franklin, OH
 

213

262

475

6

Dec-06
1961/1978
24 & 32
Retail/Specialty
Lorain, OH
 
1,181

1,893

7,024

8,917

1,827

May-07
1993
23 & 40
Retail/Specialty
Lawton, OK
 

663

1,288

1,951

441

Dec-06
1984
40
Retail/Specialty
Oklahoma City, OK
 

1,782

912

2,694

448

Sep-12
1991/1996
5 & 13
Retail/Specialty
Tulsa, OK
 

445

2,433

2,878

2,405

Dec-96
1981
14 & 24
Retail/Specialty
Chattanooga, TN
 

487

956

1,443

121

Dec-06
1983/1995
40
Retail/Specialty
Paris, TN
 

247

547

794

180

Dec-06
1982
40
Retail/Specialty
Staunton, VA
 

1,028

326

1,354

97

Dec-06
1971
40
Description
Location
 
Encumbrances
Land and Land Estates
Buildings and Improvements
Total
Accumulated Depreciation and Amortization
Date Acquired
Date Constructed
Useful life computing depreciation in latest income statement (years)
Retail/Specialty
Edmonds, WA
 


3,947

3,947

1,079

Dec-06
1981
40
Retail/Specialty
Fairlea, WV
 
551

501

1,985

2,486

490

May-07
1993/1999
12 & 40
Construction in progress
 
 



8,552


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
882,952

$
743,125

$
3,038,034

$
3,789,711

$
812,207

 
 
 

(1)
Properties are cross-collateralized.
(2)
Loan is in default as of December 31, 2015.
(A) The initial cost includes the purchase price paid directly or indirectly by the Company. The total cost basis of the Company's properties at December 31, 2015 for federal income tax purposes was approximately $4.6 billion.
    
 
2015
 
2014
 
2013
Reconciliation of real estate, at cost:
 
 
 
 
 
Balance at the beginning of year
$
3,671,560

 
$
3,812,294

 
$
3,564,466

Additions during year
478,717

 
210,143

 
492,437

Properties sold during year
(332,670
)
 
(282,143
)
 
(212,771
)
Properties impaired during the year
(11,306
)
 
(65,426
)
 
(31,741
)
Other reclassifications
(16,590
)
 
(3,308
)
 
(97
)
Balance at end of year
$
3,789,711

 
$
3,671,560

 
$
3,812,294

 
 
 
 
 
 
Reconciliation of accumulated depreciation and amortization:
 
 
 
 
 
Balance at the beginning of year
$
795,486

 
$
775,617

 
$
738,068

Depreciation and amortization expense
124,618

 
119,156

 
122,057

Accumulated depreciation and amortization of properties sold and impaired during year
(106,268
)
 
(98,698
)
 
(84,508
)
Other reclassifications
(1,629
)
 
(589
)
 

Balance at end of year
$
812,207

 
$
795,486

 
$
775,617